#Gold #Nasdaq Being asked to review Renold Plc immediately brought a sharp memory of an abhorrent smell! It used to be the case, if fitting a new chain to your 1949 AJS 500, some subterfuge was involved, essentially waiting until Mum left the house for a while. Once she was gone, you could turn on the oven, place a tin can full of solid grease on a shelf and heat it until it became liquid. At this point, you took the stinking can of grease outside and carefully spooled your new chain into the black mess. It was important to leave it overnight and the next day, apply gentle heating to remove the now untouchable chain. It was also important your mother didn’t catch this desecration of her kitchen!
The mess created, fitting the chain to the clapped out motorcycle (bought for 25 quid) was memorable, involving spending an hour or so, hands in hot water and an industrial strength nail brush, scrubbing frantically to return your skin to baby pink. We really do not miss the days before Latex Gloves became a thing but would love to revisit the early 1980’s where classic British motorcycles could literally be bought for pennies. A chum from the period managed to accumulate around 40 big Nortons and Triumphs, dismantling them and storing in his workshop attic. He’s still got that workshop but as a long term dopehead, cannot be bothered doing anything about his collection as it would be too much work… Nor will he accept any offers of free help from friends trying to get him back on his feet.
But yes, Renolds and their chain became an important facet of life back in a grease smeared childhood and nowadays, in addition to being the #1 supplier of chain to classic British motorcycles also have their fingers in quite a few other pies. Whether it is escalators, farming machinery, or even fairground rides, Renolds continue to supply solutions to connect the power bit of machines to the final drive, where something is being turned. Now, they are famed for rather more than their chain, supplying gears, bearings, chains, and most other items associate with what’s called the Final Drive.
The company share price is currently a little bit interesting, recently colliding with the Reduptrend since the Pandemic low of 2020. The market has certain produced some sort of bounce but it currently needs above 43p to hopefully trigger recovery to an initial 47p with our longer term secondary, if bettered, at an important trend breaking 58.5p. Share price closure above such a level shall be regarded as “game changing” for the long term. We’ve shown a could of teaser prices on the chart below.
Alternately, our miserable scenario cannot be ignored. At present, the share price need only retreat below 35p to potentially trigger reversals to an initial 21p with our secondary calculating at a vile looking 7p.
| Date | Time Scanned | Target | Price At Issue | Long Short | Enter At | Safe Exit | Longer Exit | Stop At |
| 18/03/2025 | 5:58AM | BRENT | 7122 | |||||
| 18/03/2025 | 5:59AM | Dow Jones | 41751 | |||||
| 18/03/2025 | 6:00AM | GERMANY | 23234 | |||||
| 18/03/2025 | 6:03AM | GOLD | 3012.32 | Long | 3018 | 3021 | 3053 | 3010 |
| 18/03/2025 | 6:12AM | Nasdaq | 19724 | |||||
| 18/03/2025 | 6:18AM | SP500 | 5658 | Short | 5634 | 5615 | 5584 | 5664 |
| 18/03/2025 | 5:57AM | Stx | Nothing new | |||||
| 18/03/2025 | 6:20AM | UK FTSE | 8701.50 |
17/03/2025 FTSE Closed at 8680 points. Change of 0.56%. Total value traded through LSE was: £ 5,920,651,803 a change of 10.88%
14/03/2025 FTSE Closed at 8632 points. Change of 1.05%. Total value traded through LSE was: £ 5,339,805,616 a change of -8.09%
13/03/2025 FTSE Closed at 8542 points. Change of 0.02%. Total value traded through LSE was: £ 5,809,805,582 a change of -17.07%
12/03/2025 FTSE Closed at 8540 points. Change of 0.52%. Total value traded through LSE was: £ 7,005,575,880 a change of -4.97%
11/03/2025 FTSE Closed at 8496 points. Change of -1.21%. Total value traded through LSE was: £ 7,372,262,809 a change of -3.66%
10/03/2025 FTSE Closed at 8600 points. Change of -0.91%. Total value traded through LSE was: £ 7,652,125,992 a change of 21.38%
7/03/2025 FTSE Closed at 8679 points. Change of -0.03%. Total value traded through LSE was: £ 6,304,463,649 a change of -17.82% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:ASC Asos** **LSE:AV. Aviva** **LSE:FRES Fresnillo** **LSE:IPF International Personal Finance** **LSE:SBRY Sainsbury** **
********
Updated charts published on : Asos, Aviva, Fresnillo, International Personal Finance, Sainsbury,
LSE:ASC Asos Close Mid-Price: 240 Percentage Change: -4.00% Day High: 250 Day Low: 224
Target met. Weakness on Asos below 224 will invariably lead to 213p with ……..
</p
View Previous Asos & Big Picture ***
LSE:AV. Aviva. Close Mid-Price: 557 Percentage Change: + 1.72% Day High: 558 Day Low: 547.4
Continued trades against AV. with a mid-price ABOVE 558 should improve th ……..
</p
View Previous Aviva & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 938 Percentage Change: + 2.35% Day High: 935.5 Day Low: 910
Continued trades against FRES with a mid-price ABOVE 935.5 should improve ……..
</p
View Previous Fresnillo & Big Picture ***
LSE:IPF International Personal Finance. Close Mid-Price: 151.5 Percentage Change: + 1.68% Day High: 152.5 Day Low: 149
Continued trades against IPF with a mid-price ABOVE 152.5 should improve ……..
</p
View Previous International Personal Finance & Big Picture ***
LSE:SBRY Sainsbury Close Mid-Price: 232.4 Percentage Change: -1.11% Day High: 234.6 Day Low: 228
Target met. If Sainsbury experiences continued weakness below 228, it wil ……..
</p
View Previous Sainsbury & Big Picture ***